Hello Steemains,
As you can see everywhere in the wallpaper and at the news, Bitcoin price has went down under $10k.
Well, I think that there are a lot of sad people who thought that this is their end. People who lose money are people who sell all the BTC they have once they see that it starts to go down. Those people don't always lose.
They can actually earn money this way!
By buying BTC when its price is high and selling it when it starts to go down you can earn some money. However, it is way more complicated compared to a long-time investment. This is what I did: I exchanged my STEEM to BTC just a few months ago when the Bitcoin price was $5000.
Now you should ask: Why didn't I sell everything I had when the price of BTC was $20k?
Well, the answer is pretty simple, I think. I believe that the Bitcoin has so much potential that it can cross the $20k and even reach $100k. It is just a matter of time, as people will start to exchange their real money to Bitcoin and will start to use it instead of the normal money we all know like USD, EURO, and more.
If you don't believe me look at the results: The Bitcoin's price is currently standing at $12k when yesterday it was $10k.
Don't lose your hope!
I am determined that the BTC price will climb back to the top and the Steem price as well.
What do you think? Share your thoughts below!
Good share.. Good job.
Thank you so much for your support, @syaukani!
Cannot panic and just sell.
Yeah, I think that this is the worst thing to do at the moment hehe
I am agree with you.I should have keep still our hope.Your blog carry very good logic about future of bitcoin.
[Over the last 4 years (including this year), it looks like the price of bitcoin has taken a dive in the middle of January every single time]
I have seen it someone blog
Yeah, that is true. Thanks for commenting, @sharifulislamm!
good post :)
Thank you!
Am holding it and not selling until it rise again.. God will answer my prayers before Monday
Yeah...
I also believe that bitcoin has the potential that it can cross the $20k and reach $100k
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I love this recent dip in cryptocurrency.. Because rate for bitcoin was going up and down in hundred and thousands dollars.. So suppose you buy even one bitcoin and then it goes up 1000$ so you earn 1000$ - transactions fees. I think for big investors the recent dip was good way to earn
If we follow the pattern of the last 3 years, there is always a dip like we just went thru in January and then a steady increase over the year. We'll have to wait and see, but I believe most of us are in this for the long-term.
Bitcoin has a bright future. With the lightning network being implemented sometime this year then the only way is up. The lightning will solve the slow transactions and expensive fees. 50K by December 2018 is my prediction.
Just buy a little, time by time.. im not so worried
Nice post! All I can say is that the downfall of bitcoin and altcoin should not give much cause for alarm. It is a usual occurence in money market buasiness, and will soon rise again. I follow and upvote you.
These are the rumors that are trending today, and well, if I also think that the 20k barrier can pass, but it is really advisable to leave all the money in bitcoin or just leave a good part. because there is something that can also be true, and is that this could come to the ground in a matter of seconds.
I think we have to give a bit more details about Bitcoin and analyze the market better before we can assure that it can go up or down.
I believe it will hit first $1800 please read this short review: https://steemit.com/bitcoin/@tellisahin/732y7s-short-technical-review-on-btc
i agree with you my friend
and i think it
s too healthy for bitcoin when price down because theres no market in the world can keep up all the timeI think it will get higher I don't know if 100K is gonna be the bubble number or not. But there will be another coin will take over at some point. For the simple reason tech has gotten better and bitcoin runs on old tech, the transactions take a long time. When you compare how many transactions btc can handle per second, it is way slow compared to how any STEEM can do.
Keep calm and HODL till the cows come home
I think your Post is for a big group of people very helpful!
Thx for making this Website for us!
Upvote when your in my opinion @alokkamboj